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Oct 7, 2012 9:30pm EDT
of president obama and republican presidential candidate mitt romney. this is about 45 minutes. rebecca wilkens joins us from citizens for tax justice and the other guest is the resident scholar at the american enterprise institute. we're here to talk about tax plans. rebecca wilkens -- where are they different on taxes? >> both candidates propose extending the bush tax cuts. governor romney wants to extend all the tax cuts. president obama just wants to extend them for those making less than $250,000. that is a fairly significant difference. that would have a that a $1 trillion cost. romney wants to reduce individual rates by 20% across the board and also reduce the corporate rate down to 25%. president obama proposed reducing them to 20%. guest: i think that is a fair description. host: we heard that the debate in denver about where romney stands on his tax plan. here is a headline coming to us -- there is little tax clarity from the obama or romney. $5 trillion -- whether or not tax cuts will equal $5 trillion. there is difference over this number. guest: the $5 trillion is the gross cost of
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